Progressive Planet Solutions Inc.

Progressive Planet Solutions Inc.

ASHXF
Progressive Planet Solutions Inc.US flagOther OTC
0.25
USD
+0.01
- -
27.76MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.06
0.2
0.18
0.18
0.19
Basic EPS, GAAP
-7.25
-1.43
-0.37
-0.27
-0.27
-0.1
-0.07
-0.07
-0.06
-0.05
-0.01
- -
0.02
0.02
Free Cash Flow per Basic Share
-1.12
-0.61
-0.14
-0.13
-0.4
-0.1
-0.08
-0.04
-0.05
-0.04
-0.01
0.02
0.04
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-20.72
-11.41
-7.52
-4.77
0.07
0.06
0.04
-0.04
-0.01
0.06
0.07
0.06
0.07
0.09
Tangible Book Value per Share
-0.12
-0.22
-0.32
-0.17
0.4
0.22
0.16
0.06
0.09
0.14
0.13
0.12
0.13
0.14
Basic Weighted Avg Shares
- -
1
1
2
5
11
17
24
42
69
99
110
111
110
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
4
20
20
20
21
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-104.11
-4.12
3.78
10.61
12.3
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
Net Income, GAAP
-3
-1
- -
-1
-1
-1
-1
-2
-2
-3
-1
- -
2
2
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
13.48
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-85.85
-5.96
-2
8.55
9.65
Working Capital
- -
- -
-1
-1
- -
- -
- -
- -
1
3
2
3
6
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
10
9
9
7
7
Total Equity
- -
- -
- -
- -
2
2
3
1
4
10
13
13
14
16
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.16
Return on Common Equity (%)
- -
- -
- -
- -
- -
-238.16
-190.16
- -
- -
- -
-20.66
-5.72
22.36
24.08

Capital Structure

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
ST Debt
- -
- -
- -
LT Borrowings
6
6
5
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
110
110
110
Market Capitalization
28
32
43

Working Capital

FRC

in mil. unless spec.
Jul'26
Oct'26
Jan'26
Total Current Assets
10
7
6
Cash, Cash Equivalents & STI
5
3
2
Accounts Receivable, Net
1
1
1
Inventories
2
3
3
Total Current Liabilities
4
3
3
Payables & Accruals
2
2
2
ST Debt
- -
- -
- -
Deferred Revenue
1
1
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-25.23%
73.11%
10.66%
Free Cash Flow
56.16%
-4.75%
133.75%
Net Income, GAAP
-40.71%
-115.82%
-525.01%
Sales/Revenue/Turnover
- -
- -
-0.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
5
5
4
20
2025
5
5
5
5
20
2026
6
5
6
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.01
- -
- -
0.02
2026
0.01
0.01
-0.01
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Stephen Harpur
Full Time Employees
51
Sector
Basic Materials
Industry
Industrial Materials
Address
724 East Sarcee Street Kamloops BC Canada V2H 1E7
IPO Date
Dec 31, 2010
Business
Progressive Planet Solutions Inc. (TSXV: PLAN; OTCQB: ASHXF) manufactures and markets eco-conscious mineral-based products derived from diatomaceous earth, zeolite, bentonite, and recycled materials for agricultural, industrial, animal health, household, and construction applications; its core offerings include poultry litter management under the Activated Barn Fresh brand, glass blasting abrasives under Can Blast, low-dust granular absorbents under Can Dry, insecticide powders under DE-CIDE and Last Crawl brands, odor control products under Fresh Coop, zeolite soil conditioners under Green Patch, animal feed additives under Red Lake Earth, stall refreshers under Stall DRY, cat litters under Wundercat, zeolite flow aids under Z-Lite, ice melts under Diamond Glacier, and low-carbon cement replacements such as patent-pending PozGlass, PozPyro, and Gladiator SCM. The company operates vertically integrated quarries and manufacturing facilities near Kamloops, British Columbia, Canada, where it is headquartered and was incorporated in 2006; its products are distributed through over 10,000 retail stores across North America, targeting farmers, pet owners, industrial users, and the construction sector. Progressive Planet Solutions maintains mineral properties including 100% interests in the Z1 Zeolite and Red Lake diatomaceous earth deposits in British Columbia, as well as the Bud Bentonite Clay Mine. Recent developments include the November 2025 first concrete pour of PozGlass supplementary cementitious material (SCM), creation and US provisional patent filing for Gladiator SCM in October 2025, securing three major new product listings with a large US retailer for diatomaceous earth-based SKUs commencing production in November 2025, receipt of up to $1.9 million commitment from FortisBC Energy in September 2025, $1.14 million grant from British Columbia's Innovative Clean Energy Fund in March 2025, up to $4.6 million multi-year grant from SDTC Canada for PozGlass pilot plant, signing of a licensing deal with an international sorbent company for lightweight litter recipe in July 2025, procurement of 100% mineral rights to the Ferguson Creek Pozzolan Property in June 2025, and a $500,000 investment in robotic palletizing systems announced in February 2025.

Company News

APIChat
  • Progressive Planet Solutions to Present & Participate in 1x1 Meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in Association with Small Cap Discoveries on Thursday, September 26, 2024

  • Progressive Planet Solutions sees profits soar in 3Q

  • Progressive Planet advances cement innovation with successful delivery of converted silica

  • Progressive Planet sells non-core equipment above market value

  • Progressive Planet exec leaves role to pursue MBA

  • Progressive Planet advances CleanTech agenda with PozGlass pilot plant funding

  • Progressive Planet monetizes existing IP with continuing royalty agreement

  • Progressive Planet secures grant to support continued IP creation and monetization

  • Progressive Planet achieves record revenue for 2Q

  • Progressive Planet says Bromley Creek quarry receives new five-year permit

  • Progressive Planet cuts costs; focuses on near-term projects

  • Progressive Planet launches new natural soil conditioner product

  • Progressive Planet boosts gross margin in 1Q fiscal 2024

  • Progressive Planet grows FY23 revenue more than five-fold in ‘foundational year'

  • Progressive Planet receives big revenue boost from pet brand reorder

  • Progressive Planet finalizes purchase deal with Lafarge Canada

  • Progressive Planet names Steve Gurney as president to lead commercialization phase of cleantech innovations

  • Progressive Planet slashes fertilizer use by 50% with new natural fertilizer CARBON PK

  • Progressive Planet secures repeat order for fertilizer ingredient

  • Progressive Planet says cleantech industry leader Randy Gue to join its board